Analyst news

• Live: Fed holds rates and financial markets believe it is done, leading shares higher

  01-11-2023 21:51 via abc.net.au
  
  Wall Street's major share indices have rallied after the US Federal Reserve left interest rates on hold for a second straight meeting and traders bet the next move will be a cut sometime next year. Follow the day's events and insights from our business reporters on the ABC News live markets blog. 
  
  Read more

• Live: ASX jumps amid increasing market confidence that the US Fed has finished hiking rates

  01-11-2023 21:51 via abc.net.au
  
  The ASX is riding the wave of a Wall Street rally after the US Federal Reserve left interest rates on hold for a second straight meeting and traders bet the next move will be a cut sometime next year. Follow the day's events and insights from our business reporters on the ABC News live markets blog. 
  
  Read more

• Live: ASX higher amid increasing market confidence that the US Fed has finished hiking rates

  01-11-2023 21:51 via abc.net.au
  
  The ASX is riding the wave of a Wall Street rally after the US Federal Reserve left interest rates on hold for a second straight meeting and traders bet the next move will be a cut sometime next year. Follow the day's events and insights from our business reporters on the ABC News live markets blog. 
  
  Read more

• ASX closes higher thanks to lead from Wall Street with confidence building the US won't hike again — as it happened

  01-11-2023 21:51 via abc.net.au
  
  The ASX rode the wave of a Wall Street rally after the US Federal Reserve left interest rates on hold for a second straight meeting and traders bet the next move will be a cut sometime next year.
  
  Read more

• Advertisement

• Town faces multiple fires but residents can't count on its water supply

  01-11-2023 21:39 via abc.net.au
  
  Faced with a fast-moving bushfire and a warning to take shelter, Mutchilba residents were prepared to defend their homes. But when the power goes out, so does their water supply. Now, they are demanding a solution.
  
  Read more

• Town faces multiple fires but its residents can't count on its water supply

  01-11-2023 21:39 via abc.net.au
  
  Faced with a fast-moving bushfire and a warning to take shelter, Mutchilba residents were prepared to defend their homes. But when the power goes out, so does their water supply. Now, they are demanding a solution.
  
  Read more

• Facing bushfires with no running water, residents say this town is a 'death trap'

  01-11-2023 21:39 via abc.net.au
  
  When the power goes out in the Queensland town Mutchilba, residents also lose their water supply. After three fires in a month, they are demanding a solution so they can defend their homes.
  
  Read more

• Indigenous language app a game changer for learning, preserving First Nations lingo

  01-11-2023 20:14 via abc.net.au
  
  Named after the Wiradjuri word for "change" or "refreshment", the ground-breaking mobile app Gurray translates English words into seven different Aboriginal languages.
  
  Read more

• Advertisement

• 'We don't want to be the fun police,' but doctors say large health warnings for alcohol are needed

  01-11-2023 19:31 via abc.net.au
  
  A recent health survey has reignited the push for health warnings to be introduced on alcohol packaging, but boutique wine producers say their products aren't the problem when it comes to problem drinking.
  
  Read more

• Alcohol health warnings for bottles has some winemakers worried

  01-11-2023 19:31 via abc.net.au
  
  A recent health survey has reignited the push for health warnings to be introduced on alcohol packaging, but boutique wine producers say their products aren't the problem when it comes to problem drinking.
  
  Read more

• Property is white hot and the RBA is changing the way it examines the market

  01-11-2023 18:28 via abc.net.au
  
  The central bank insists housing is still a topic of intense focus, as rents and prices rocket, despite a key analysis group within the RBA not meeting for more than a year.
  
  Read more

• Mellisa worries about affording rent, but a key RBA housing analysis group hasn't met for a year

  01-11-2023 18:28 via abc.net.au
  
  Despite rocketing rents and property prices almost at record highs. The central bank insists it is a topic of intense focus.
  
  Read more

• Mellisa worries about affording rent, but a key housing analysis group hasn't met for a year

  01-11-2023 18:28 via abc.net.au
  
  Despite rocketing rents and property prices almost at record highs. The central bank insists it is a topic of intense focus.
  
  Read more

• Despite rocketing rents and property prices, a key Reserve Bank housing analysis group hasn't met for a year

  01-11-2023 18:28 via abc.net.au
  
  The central bank insists housing is still a topic of intense focus, as rents and prices rocket, despite a key analysis group within the RBA not meeting for more than a year.
  
  Read more

• This fridge 'doesn't make things cold'. It's won a Shonky Award, just like Coles and Woolworths

  01-11-2023 14:00 via abc.net.au
  
  Consumer advocacy group CHOICE calls out "the very worst products and services" it found this year.
  
  Read more

• At Close of Business podcast November 1 2023

  01-11-2023 09:13 via businessnews.com.au
  
  Simone Grogan and Jack McGinn discuss the economic climate for the state's largest exporters.
  
  Read more

• Flinders Ranges residents' 30-year battle to access drinkable tap water faces further hurdle

  01-11-2023 09:12 via abc.net.au
  
  Just 3 per cent of residents of the South Australian town of Quorn use their mains water. The rest, rely on bottled or tank water.
  
  Read more

• Man, 81, accused of stealing more than $900K intended for investments, loan

  01-11-2023 08:59 via abc.net.au
  
  Police in South Australia allege that between 2015 and 2022, Robert Wayne Collins was acting in a position of trust when he was paid the money by several people.
  
  Read more

• Stolen Wages class action settles for $180m

  01-11-2023 08:52 via businessnews.com.au
  
  The state government will pay up to $180.4 million to compensate thousands of Aboriginal Australians who were paid little to no wages over decades.
  
  Read more

• Australian shares rally after nudging 12-month lows

  01-11-2023 08:37 via businessnews.com.au
  
  The local share market has finished 0.85 per cent higher in its best performance in three weeks, as a Federal Reserve announcement on rate hikes looms.
  
  Read more

• Déjà vu for north-west Liberals?

  01-11-2023 08:32 via businessnews.com.au
  
  The last time a Liberal held a lower house seat north of the 26th parallel it was abolished in a redistribution. Sound familiar?
  
  Read more

• Deja vu for north-west Liberals?

  01-11-2023 08:32 via businessnews.com.au
  
  The last time a Liberal held a lower house seat north of the 26th parallel it was abolished in a redistribution. Sound familiar?
  
  Read more

• Marine tech pushing for blue sky

  01-11-2023 08:30 via businessnews.com.au
  
  Medical implants and waste reduction are among the local uses for technology derived from the sea.
  
  Read more

• Spudshed triples profit to $5.4m

  01-11-2023 08:25 via businessnews.com.au
  
  Tony Galati’s Spudshed's net profit after tax has surged to $5.4 million for the 2023 financial year despite supply chain, staffing and cost of living pressures.
  
  Read more

• Unlicensed builder who used alias, false ABN to defraud clients of more than $600k jailed

  01-11-2023 08:24 via abc.net.au
  
  Mark Anthony Webster was bankrupt and unlicensed when he gambled away more than $600,000 he took from small businesses for shop fit-outs and renovations that were never completed.
  
  Read more

• Employer groups call to redo IR reforms

  01-11-2023 08:19 via businessnews.com.au
  
  Major employer organisations around the country have united to push the federal government to redraft its “poorly drafted” proposed industrial relations reforms.
  
  Read more

• New energy projects face infrastructure bill

  01-11-2023 08:03 via businessnews.com.au
  
  The Danish company hoping to build a giant wind farm in WA says renewable energy projects may be held back if developers need to pay for infrastructure upgrades.
  
  Read more

• Western Power expands board

  01-11-2023 07:59 via businessnews.com.au
  
  Government-owned electricity network utility Western Power has expanded its board of directors by two, as it navigates the state’s energy transition.
  
  Read more

• Investigation launched after Brisbane ferry service crashes and sinks stationary boat

  01-11-2023 07:36 via abc.net.au
  
  A ferry crashes into and sinks a private boat in the middle of the Brisbane River.
  
  Read more

• Juicebox acquires Indonesian agency

  01-11-2023 07:09 via businessnews.com.au
  
  West Leederville-based branding and digital company Juicebox has acquired a major shareholding in an Indonesian agency.
  
  Read more

• Lithium optimism as iron ore fire cools

  01-11-2023 07:06 via businessnews.com.au
  
  WA resources and energy exports keeps churning against the backdrop of global conflict and the threat of recession.
  
  Read more

• Cook to follow PM with China visit

  01-11-2023 07:03 via businessnews.com.au
  
  Premier Roger Cook will lead a mission to China later in November with a view to secure direct flights between Western Australia and its largest trading partner.
  
  Read more

• Wildcat welcomes MinRes' raid

  01-11-2023 06:31 via businessnews.com.au
  
  Lithium aspirant Wildcat Resources has welcomed Chris Ellison’s Mineral Resources' raid to acquire a majority 19.85 per cent stake in the Pilbara explorer.
  
  Read more

• Wildcat confirms MinRes’ raid

  01-11-2023 06:31 via businessnews.com.au
  
  Lithium aspirant Wildcat Resources has welcomed Chris Ellison’s Mineral Resources as a major shareholder after it acquired a 19.85 per cent stake in the Pilbara explorer.
  
  Read more

• Tesla wins first US Autopilot trial involving fatal crash

  01-11-2023 06:00 via abc.net.au
  
  The electric car maker wins a civil trial over allegations that its Autopilot driver assistant feature led to the death of a driver of a Model 3, a major victory as it faces several other lawsuits and federal investigations related to the same technology.
  
  Read more

• Defection spurs Mettam leadership prospects

  01-11-2023 05:14 via businessnews.com.au
  
  WA Liberal leader Libby Mettam and North West Central MP Merome Beard, who has defected from the Nationals, faced repeated questions around opposition leadership on Wednesday
  
  Read more

• Retiree Mark lost out after buying Bitcoin near the peak. Now he's excited by its recent rebound

  01-11-2023 04:58 via abc.net.au
  
  Cryptocurrencies like Bitcoin have been on a tear higher in recent weeks, although they're still well down on record highs. Why are they rising and can it be sustained?
  
  Read more

• 'Not for the faint hearted': Cryptocurrency values have rebounded but remain well off market peaks

  01-11-2023 04:58 via abc.net.au
  
  Cryptocurrencies like Bitcoin have been on a tear higher in recent weeks, although they're still well down on record highs. Why are they rising and can it be sustained?
  
  Read more

• ‘Unreasonable’ targets drive Fortescue’s green goals

  01-11-2023 04:21 via businessnews.com.au
  
  Fortescue Energy chief executive Mark Hutchinson has told leaders from around the world that “unreasonable” targets are key to encouraging climate innovation in his business.
  
  Read more

• Regulator slams RAC’s governance

  01-11-2023 04:15 via businessnews.com.au
  
  The Australian Prudential Regulation Authority has found "significant weaknesses" in RAC’s governance and added $20 million to the insurance company’s capital requirement.
  
  Read more

• Property investors keen on WA, UDIA says

  01-11-2023 03:33 via businessnews.com.au
  
  The proportion of property investors buying in the state comprises more than half of new land purchasers in the recent quarter, Urban Development Institute of Australia WA says.
  
  Read more

• Dream of living on a private island? Peek inside the market for millionaires off Queensland's coast

  01-11-2023 03:22 via abc.net.au
  
  From a former party island with a makeshift golf course to quiet, private oases, there are currently five islands for sale, with asking prices starting at $1.75 million.
  
  Read more

• Pilot, Samsung strike $67m deal

  01-11-2023 03:04 via businessnews.com.au
  
  Junior ASX company Pilot Energy has struck a conditional partnership agreement with Korean engineering giant Samsung but failed to impress the market, with its shares falling sharply today.
  
  Read more

• Victoria finally has a container deposit scheme. Here's how to get cash for bottles and cans

  01-11-2023 02:45 via abc.net.au
  
  Under the scheme, eligible bottles and cans can be returned to recycling centres for a 10-cent refund.
  
  Read more

• IMF urges higher interest rates to control inflation

  01-11-2023 02:21 via businessnews.com.au
  
  An independent assessment of Australia's economy suggests interest rates will need to lift higher and governments will need to pitch in to bring inflation down.
  
  Read more

Follow @Analyst_News_AU on Twitter!